ELON UNIVERSITY: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: ELON UNIVERSITY (EIN 56-0532303)
Tax period: 2018-06-01 to 2019-05-31
Filed: 2020-07-13
IRS object ID: 202031959349302733
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-07-13T14:30:44-05:00	ReturnTs
Tax Period End	2019-05-31	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-06-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	560532303	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Elon University	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ELON	BusinessNameControlTxt
Phone	3362785260	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2900 Campus Box	AddressLine1Txt
City	Elon	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27244	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Gerald O Whittington	PersonNm
Person Title	Sr. VP for Bus Fin & Tech	PersonTitleTxt
Signature	2020-07-13	SignatureDt

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Dr Constance L Book	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2900 Campus Box	AddressLine1Txt
City	Elon	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27244	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$371,470,896	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.ELON.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1889	FormationYr
Legal Domicile State	NC	LegalDomicileStateCd
Activity Or Mission	ELON UNIVERSITY'S MISSION IS TO TRANSFORM THE MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS.	ActivityOrMissionDesc
Voting Members Governing Body	39	VotingMembersGoverningBodyCnt
Voting Members Independent	38	VotingMembersIndependentCnt
Total Employee	4548	TotalEmployeeCnt
Total Volunteers	2749	TotalVolunteersCnt
Total Gross UBI	$1,198,575	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$740,976	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$23,867,298	PYContributionsGrantsAmt
CY Contributions Grants	$25,814,838	CYContributionsGrantsAmt
PY Program Service Revenue	$283,702,415	PYProgramServiceRevenueAmt
CY Program Service Revenue	$302,380,511	CYProgramServiceRevenueAmt
PY Investment Income	$1,810,253	PYInvestmentIncomeAmt
CY Investment Income	$2,353,726	CYInvestmentIncomeAmt
PY Other Revenue	$2,013,502	PYOtherRevenueAmt
CY Other Revenue	$2,919,135	CYOtherRevenueAmt
PY Total Revenue	$311,393,468	PYTotalRevenueAmt
CY Total Revenue	$333,468,210	CYTotalRevenueAmt
PY Grants And Similar Paid	$49,379,701	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$54,403,368	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$136,858,752	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$142,484,794	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$13,854	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$13,029	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$7,012,118	CYTotalFundraisingExpenseAmt
PY Other Expenses	$99,904,385	PYOtherExpensesAmt
CY Other Expenses	$113,889,104	CYOtherExpensesAmt
PY Total Expenses	$286,156,692	PYTotalExpensesAmt
CY Total Expenses	$310,790,295	CYTotalExpensesAmt
PY Revenues Less Expenses	$25,236,776	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$22,677,915	CYRevenuesLessExpensesAmt
Total Assets BOY	$886,158,883	TotalAssetsBOYAmt
Total Assets EOY	$901,041,945	TotalAssetsEOYAmt
Total Liabilities BOY	$274,749,758	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$258,181,904	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$611,409,125	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$642,860,041	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	ELON UNIVERSITY'S MISSION IS TO TRANSFORM MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$173,739,013	ExpenseAmt
Grant	$54,403,368	GrantAmt
Revenue	$248,948,784	RevenueAmt
Desc	INSTRUCTION - EXPENSES RELATED TO PROVIDING THE PRIMARY PURPOSE OF EDUCATION FOR UNDERGRADUATE AND GRADUATE STUDENTS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$46,393,536	ExpenseAmt
Revenue	$4,906,126	RevenueAmt
Desc	STUDENT SERVICES - EXPENSES RELATED TO THE PRIMARY PURPOSE OF CONTRIBUTING TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. ATHLETICS IS INCLUDED WITHIN THIS DIVISION.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$41,703,798	ExpenseAmt
Revenue	$48,525,601	RevenueAmt
Desc	AUXILIARY SERVICES - EXPENSES RELATED TO THE FUNCTION OF FURNISHING GOODS OR SERVICES TO STUDENTS, FACULTY, OR STAFF. EXAMPLES ARE RESIDENCE HALLS AND FOOD SERVICES.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$10,603,029	ExpenseAmt
Revenue	$2,729,307	RevenueAmt
Desc	ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$10,603,029	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$2,729,307	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$272,439,376	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	799	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	4548	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	Yes (true)	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	true	Form8899Filedind
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	39	GoverningBodyVotingMembersCnt
Independent Voting Member	38	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Jane Deaton	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3362785260	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 398	AddressLine1Txt
City	Elon	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27244	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Edward W Doherty
Chair	1.0	Yes (X)	Yes (X)	$0	$0	$0
Kebbler McGhee Williams
Secretary	1.0	Yes (X)	Yes (X)	$1,793	$0	$0
Kerrii Brown Anderson
Past Chair	1.0	Yes (X)	Yes (X)	$2,000	$0	$0
Edmond N Moriarty
Vice Chair	1.0	Yes (X)		$0	$0	$0
Noel L Allen
Trustee	1.0	Yes (X)		$1,473	$0	$0
Howard F Arner
Trustee	1.0	Yes (X)		$0	$0	$0
A Christine Baker
Trustee	40.0	Yes (X)		$51,386	$0	$15,681
Lauren Brown
Youth Trustee	1.0	Yes (X)		$0	$0	$0
Thomas E Chandler
Trustee	1.0	Yes (X)		$0	$0	$0
Cynthia Citrone
Trustee	1.0	Yes (X)		$0	$0	$0
Charles R Clohan
Trustee	1.0	Yes (X)		$0	$0	$0
Caroline Dean
Youth Trustee	1.0	Yes (X)		$0	$0	$0
Louis DeJoy
Trustee	1.0	Yes (X)		$0	$0	$0
Wesley R Elinburg
Trustee	1.0	Yes (X)		$0	$0	$0
Allen E Gant Jr
Trustee	1.0	Yes (X)		$0	$0	$0
Michele Skeens Hazel
Trustee	1.0	Yes (X)		$0	$0	$0
James A Hendrickson
Trustee	1.0	Yes (X)		$0	$0	$0
Dr William N P Herbert
Trustee	1.0	Yes (X)		$0	$0	$0
John R Hill
Trustee	1.0	Yes (X)		$0	$0	$0
Victoria Silek Hunt
Trustee	1.0	Yes (X)		$0	$0	$0
William J Inman
Trustee	1.0	Yes (X)		$0	$0	$0
Maurice N Jennings Jr
Trustee	1.0	Yes (X)		$0	$0	$0
David King
Trustee	1.0	Yes (X)		$0	$0	$0
A Michelle Larose
Trustee	1.0	Yes (X)		$0	$0	$0
Dr W Bryan Latham
Trustee	1.0	Yes (X)		$0	$0	$0
Robert E Long Jr
Trustee	1.0	Yes (X)		$0	$0	$0
Mark T Mahaffey
Trustee	1.0	Yes (X)		$0	$0	$0
Chris P Martin
Trustee	1.0	Yes (X)		$0	$0	$0
Dalton L McMichael Jr
Trustee	1.0	Yes (X)		$0	$0	$0
The Rev Dr Marvin L Morgan
Trustee	1.0	Yes (X)		$0	$0	$0
David C Porter
Trustee	1.0	Yes (X)		$0	$0	$0
Anne Ellington Powell
Trustee	1.0	Yes (X)		$0	$0	$0
Jeanne Swanner Robertson
Trustee	1.0	Yes (X)		$0	$0	$0
Eric Sklut
Trustee	1.0	Yes (X)		$0	$0	$0
William H Smith
Trustee	1.0	Yes (X)		$0	$0	$0
Richard L Thompson
Trustee	1.0	Yes (X)		$0	$0	$0
Katherine Stern Weaver
Trustee	1.0	Yes (X)		$0	$0	$0
W Cecil Worsley
Trustee	1.0	Yes (X)		$0	$0	$0
Deborah A Yow-Bowden
Trustee	1.0	Yes (X)		$0	$0	$0
Dr Constance L Book
President	40.0		Yes (X)	$463,187	$0	$38,235
Gerald Whittington
Sr. VP -Bus, Fin & Tech.	40.0		Yes (X)	$424,238	$0	$49,359
Dr Steven House
Provost & Exec. Vice President	40.0		Yes (X)	$340,999	$0	$35,503
Robert J Shea
Vice Pres.-Bus, Fin & Tech.	40.0			$276,199	$0	$25,770	Yes (X)
David L (Dave) Blank
Director of Athletics	40.0			$298,797	$0	$57,282	Yes (X)
Jonathan C Dooley
Vice Pres of Student Life	40.0			$182,001	$0	$26,649	Yes (X)
James Piatt
Vice Pres - Uni. Advancement	40.0			$304,192	$0	$55,702	Yes (X)
Paul Parsons
Former Dean-Sch of Communications	40.0			$275,712	$0	$31,961		Yes (X)
Curtis J Cignetti
Football Coach	40.0			$351,174	$0	$58,836		Yes (X)
Raghuram Tadepalli
Dean-School of Bus.	40.0			$308,943	$0	$72,678		Yes (X)
Matthew M Matheny
Basketball Coach	40.0			$328,606	$0	$43,408		Yes (X)
Luke Bierman
Dean-School of Law	40.0			$291,318	$0	$73,904		Yes (X)
Dr Smith Jackson
Former - VP & Dean of Students	40.0			$205,676	$0	$35,132			Yes (X)
Dr Leo Lambert
President Emeritus	40.0			$592,643	$0	$49,459			Yes (X)
Dr Gerry Francis
Former Secretary	40.0			$135,275	$0	$143			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,835,612	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$669,702	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	196	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
ARAMARK CORPORATION
PO BOX 7548	PHILADELPHIA	PA	191017548	DINING SERVICES	$21,409,122
SAMET CORPORATION
PO BOX 8050	GREENSBORO	NC	27419	CONSTRUCTION	$18,951,777
NEW ATLANTIC CONTRACTING INC
2635 REYNOLDA ROAD	WINSTONSALEM	NC	27106	CONSTRUCTION	$14,137,042
DAVIE CONSTRUCTION COMPANY
152 E KINDERTON WAY	ADVANCE	NC	27006	CONSTRUCTION	$5,556,547
RENTENBACH CONSTRUCTORS
1102 GRECADE ST	GREENSBORO	NC	27408	CONSTRUCTION	$4,742,233

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	157	CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIII	Yes (X)	InfoInScheduleOPartVIIIInd
Fundraising	$72,470	FundraisingAmt
Government Grants	$3,189,367	GovernmentGrantsAmt
All Other Contributions	$22,553,001	AllOtherContributionsAmt
Noncash Contributions	$5,490,201	NoncashContributionsAmt
Total Contributions	$25,814,838	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION	900099	$248,948,784	$248,948,784
AUXILLIARY SERVICES	900099	$48,525,601	$48,525,601
ATHLETICS	900099	$4,906,126	$4,906,126

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$302,380,511	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,337,766	TotalRevenueColumnAmt
Unrelated Business Revenue	$1,120,681	UnrelatedBusinessRevenueAmt
Exclusion	$1,217,085	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$37,972,870	SecuritiesAmt
Other	$7,700	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$37,938,424	SecuritiesAmt
Other	$26,186	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$34,446	SecuritiesAmt
Other	-$18,486	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$15,960	TotalRevenueColumnAmt
Exclusion	$15,960	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$150,860	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$72,470	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$38,076	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$112,784	TotalRevenueColumnAmt
Unrelated Business Revenue	$850	UnrelatedBusinessRevenueAmt
Exclusion	$111,934	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	ATHLETIC ADVERTISING	Desc
Business	900099	BusinessCd
Total Revenue Column	$77,044	TotalRevenueColumnAmt
Unrelated Business Revenue	$77,044	UnrelatedBusinessRevenueAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,729,307	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,729,307	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,806,351	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$333,468,210	TotalRevenueColumnAmt
Related Or Exempt Func Income	$305,109,818	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$1,198,575	UnrelatedBusinessRevenueAmt
Exclusion	$1,344,979	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$54,403,368	TotalAmt
Program Services	$54,403,368	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,772,934	TotalAmt
Program Services	$680,442	ProgramServicesAmt
Management And General	$1,579,348	ManagementAndGeneralAmt
Fundraising	$513,144	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$109,259,090	TotalAmt
Program Services	$92,451,834	ProgramServicesAmt
Management And General	$13,337,139	ManagementAndGeneralAmt
Fundraising	$3,470,117	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$7,199,696	TotalAmt
Program Services	$6,072,904	ProgramServicesAmt
Management And General	$896,311	ManagementAndGeneralAmt
Fundraising	$230,481	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$14,873,433	TotalAmt
Program Services	$12,230,363	ProgramServicesAmt
Management And General	$2,117,004	ManagementAndGeneralAmt
Fundraising	$526,066	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$8,379,641	TotalAmt
Program Services	$6,963,117	ProgramServicesAmt
Management And General	$1,120,354	ManagementAndGeneralAmt
Fundraising	$296,170	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$13,052	TotalAmt
Program Services	$13,052	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$442,242	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$442,242	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$173,225	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$173,225	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$13,029	TotalAmt
Fundraising	$13,029	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,631,351	TotalAmt
Program Services	$1,486,513	ProgramServicesAmt
Management And General	$144,838	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$21,460,432	TotalAmt
Program Services	$18,425,716	ProgramServicesAmt
Management And General	$2,556,381	ManagementAndGeneralAmt
Fundraising	$478,335	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,004,244	TotalAmt
Program Services	$635,003	ProgramServicesAmt
Management And General	$365,933	ManagementAndGeneralAmt
Fundraising	$3,308	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,928,028	TotalAmt
Program Services	$5,787,858	ProgramServicesAmt
Management And General	$1,848,418	ManagementAndGeneralAmt
Fundraising	$291,752	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,362,266	TotalAmt
Program Services	$1,486,624	ProgramServicesAmt
Management And General	$1,875,642	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$9,919	TotalAmt
Program Services	$2,065	ProgramServicesAmt
Management And General	$7,854	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$12,905,247	TotalAmt
Program Services	$12,123,876	ProgramServicesAmt
Management And General	$781,395	ManagementAndGeneralAmt
Fundraising	-$24	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$25,581,535	TotalAmt
Program Services	$24,944,718	ProgramServicesAmt
Management And General	$352,050	ManagementAndGeneralAmt
Fundraising	$284,767	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$2,016,037	TotalAmt
Program Services	$1,452,107	ProgramServicesAmt
Management And General	$459,872	ManagementAndGeneralAmt
Fundraising	$104,058	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$894,546	TotalAmt
Program Services	$894,546	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$14,957,873	TotalAmt
Program Services	$14,728,543	ProgramServicesAmt
Management And General	$229,330	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,744,952	TotalAmt
Program Services	$250,532	ProgramServicesAmt
Management And General	$1,492,731	ManagementAndGeneralAmt
Fundraising	$1,689	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
DEBT SERVICE	$5,378,587	$4,818,265	$560,322	$0
SPECIAL PROJECTS	$4,552,360	$4,471,585	$53,152	$27,623
INTEREST RATE SWAP	$503,436	$503,436	$0	$0
OTHER EXPENSES	$9,329,772	$7,612,909	$945,260	$771,603

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$310,790,295	TotalAmt
Program Services	$272,439,376	ProgramServicesAmt
Management And General	$31,338,801	ManagementAndGeneralAmt
Fundraising	$7,012,118	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$88,637,503	BOYAmt
EOY	$69,698,816	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$10,170,364	BOYAmt
EOY	$9,674,631	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,240,250	BOYAmt
EOY	$3,885,236	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$4,748,104	BOYAmt
EOY	$5,343,830	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$620,344,688	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$146,641,590	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$451,078,460	BOYAmt
EOY	$473,703,098	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$82,289,371	BOYAmt
EOY	$79,849,192	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$241,907,377	BOYAmt
EOY	$256,350,160	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$3,087,454	BOYAmt
EOY	$2,536,982	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$886,158,883	BOYAmt
EOY	$901,041,945	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$29,432,981	BOYAmt
EOY	$29,552,058	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$3,406,142	BOYAmt
EOY	$3,501,562	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$198,567,985	BOYAmt
EOY	$183,423,537	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$43,342,650	BOYAmt
EOY	$41,704,747	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$274,749,758	BOYAmt
EOY	$258,181,904	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$403,963,962	BOYAmt
EOY	$451,506,338	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$74,551,756	BOYAmt
EOY	$50,250,674	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$132,893,407	BOYAmt
EOY	$141,103,029	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$611,409,125	BOYAmt
EOY	$642,860,041	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$886,158,883	BOYAmt
EOY	$901,041,945	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$22,677,915	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$7,344,900	NetUnrlzdGainsLossesInvstAmt
Investment Expense	$1,631,357	InvestmentExpenseAmt
Other Changes In Net Assets	-$203,256	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$139,995	RevenuesIncludedAmt
Assets Included	$2,327,532	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$257,905,606	BeginningYearBalanceAmt
Contributions	$16,197,946	ContributionsAmt
Investment Earnings Or Losses	$8,534,265	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,082,218	GrantsOrScholarshipsAmt
Other Expenditures	$2,972,070	OtherExpendituresAmt
Administrative Expenses	$1,631,351	AdministrativeExpensesAmt
End Year Balance	$269,952,178	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$231,924,359	BeginningYearBalanceAmt
Contributions	$16,435,374	ContributionsAmt
Investment Earnings Or Losses	$22,069,831	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$7,528,510	GrantsOrScholarshipsAmt
Other Expenditures	$2,948,123	OtherExpendituresAmt
Administrative Expenses	$2,047,325	AdministrativeExpensesAmt
End Year Balance	$257,905,606	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$202,089,599	BeginningYearBalanceAmt
Contributions	$15,553,919	ContributionsAmt
Investment Earnings Or Losses	$25,698,193	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,882,318	GrantsOrScholarshipsAmt
Other Expenditures	$2,831,339	OtherExpendituresAmt
Administrative Expenses	$1,703,695	AdministrativeExpensesAmt
End Year Balance	$231,924,359	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$214,224,572	BeginningYearBalanceAmt
Contributions	$3,238,430	ContributionsAmt
Investment Earnings Or Losses	-$5,122,866	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,294,114	GrantsOrScholarshipsAmt
Other Expenditures	$2,669,778	OtherExpendituresAmt
Administrative Expenses	$1,286,645	AdministrativeExpensesAmt
End Year Balance	$202,089,599	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$188,687,623	BeginningYearBalanceAmt
Contributions	$14,601,394	ContributionsAmt
Investment Earnings Or Losses	$19,757,493	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,007,667	GrantsOrScholarshipsAmt
Other Expenditures	$2,252,104	OtherExpendituresAmt
Administrative Expenses	$1,562,167	AdministrativeExpensesAmt
End Year Balance	$214,224,572	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.389	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.519	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.092	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$23,656,692	OtherCostOrOtherBasisAmt
Book Value	$23,656,692	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$489,182,470	OtherCostOrOtherBasisAmt
Depreciation	$97,393,505	DepreciationAmt
Book Value	$391,788,965	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$13,784,394	OtherCostOrOtherBasisAmt
Depreciation	$3,170,803	DepreciationAmt
Book Value	$10,613,591	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$40,399,999	OtherCostOrOtherBasisAmt
Depreciation	$26,468,325	DepreciationAmt
Book Value	$13,931,674	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$53,321,133	OtherCostOrOtherBasisAmt
Depreciation	$19,608,957	DepreciationAmt
Book Value	$33,712,176	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$473,703,098	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ALTERNATIVE INVESTMENTS
OTHER
REAL ESTATE
ALTERNATIVE INVESTMENTS	$237,488,012	F
OTHER	$1,304,454	F
REAL ESTATE	$17,557,694	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$256,350,160	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
STUDENT DEPOSITS	$6,252,165
FEDERAL ADVANCE-PERKINS STUDENT LOANS	$2,689,861
CAPITAL LEASE OBLIGATIONS	$10,427,049
OBLIGATION UNDER INTEREST RATE SWAP	$3,374,237
OTHER LIABILITIES	$18,961,434
ROUNDING	$1

Field	Value	IRS element (for citing)
Total Liability	$41,704,747	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$286,447,818	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$8,976,257	NetUnrealizedGainsInvstAmt
Other Revenue	$38,076	OtherRevenueAmt
Revenue Not Reported	$9,014,333	RevenueNotReportedAmt
Revenue Subtotal	$277,433,485	RevenueSubtotalAmt
Investment Expenses Not Incld	$1,631,357	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$54,403,368	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$56,034,725	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$333,468,210	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$254,493,466	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$38,076	OtherExpensesIncludedAmt
Expenses Not Reported	$38,076	ExpensesNotReportedAmt
Expenses Subtotal	$254,455,390	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$1,631,357	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$54,703,548	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$56,334,905	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$310,790,295	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 4 Collections of art - description of collections	THE COLLECTIONS OF ART AND SIMILAR ASSETS ARE USED FOR TEACHING AND RESEARCH BY THE UNIVERSITY'S FACULTY AND STUDENTS. SOME PIECES ARE ON DISPLAY THROUGHOUT THE CAMPUS.
Schedule D, Part V, Line 4 Intended uses of endowment funds	THE UNIVERSITY'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF EDUCATIONAL PURPOSES WHICH INCLUDE THE FUNDING OF SCHOLARSHIPS, PROFESSORSHIPS AND PROGRAM RELATED ACTIVITIES SUCH AS STUDY ABROAD, FACULTY DEVELOPMENT, COMMUNICATIONS STUDIES, LECTURE SERIES, SUPPORT OF SPIRITUAL LIFE, ETC. SCHOLARSHIPS PROVIDED INCLUDE ACADEMIC, ATHLETIC AND NEED BASED SCHOLARSHIPS WHICH ARE AWARDED BY THE OFFICE OF FINANCIAL PLANNING ON AN ANNUAL BASIS. FUNDS PROVIDED FOR PROFESSORSHIPS ARE USED TO FUND SALARY AND OPERATING EXPENSES FOR THE INTENDED AREA OF STUDY. EXTERNAL INVESTMENT MANAGERS ARE EMPLOYED TO OVERSEE THE ENDOWMENT FUNDS. THE BOARD OF TRUSTEES HAVE APPROVED AN ENDOWMENT SPENDING POLICY WHEREBY DISTRIBUTIONS ARE USED TO FUND THE EDUCATIONAL PURPOSES DESCRIBED ABOVE.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote	THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM ACTIVITIES UNRELATED TO ITS BUSINESS PURPOSE. THE UNIVERSITY BELIEVES IT HAS SUFFICIENT JUSTIFICATION FOR ANY TAX POSITIONS TAKEN, INCLUDING ALLOCATION OF EXPENSES TO ITS UNRELATED BUSINESS INCOME AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICES FOR THREE YEARS AFTER THEY ARE FILED. AS OF THE REPORT DATE (SEPTEMBER 17, 2019), THE UNIVERSITY'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990-T) FOR 2017, 2016, AND 2015 REMAIN SUBJECT TO SAID EXAMINATION.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990	FUNDRAISING EXPENSES OFFSETTING REVENUES SCHEDULE VIII LINE 8(B) - 38076
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	TUITION DISCOUNT - 54403368
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990	FUNDRAISING EXPENSES OFFSETTING REVENUES SCHEDULE VIII LINE 8(B) - 38076
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	TUITION DISCOUNT - 54403368 INVESTMENT RATE SWAP - 503436 CHANGE IN VALUE-SPLIT INTEREST AGREEMENTS - -203257 ROUNDING - 1

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY	ELON UNIVERSITY'S NONDISCRIMINATORY POLICY APPEARS ON ITS APPLICATION, IN THE VIEWBOOK, PRE-REGISTRATION GUIDE, ACADEMIC CATALOG AND ON MONITORS ACROSS CAMPUS. THE POLICY STATES "THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF AGE, RACE, COLOR, CREED, SEX, NATIONAL OR ETHNIC ORIGIN, DISABILITY, SEXUAL ORIENTATION, GENDER IDENTITY, OR VETERAN'S (CONTINUED ON SUPPLEMENTAL SECTION)
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT	THE UNIVERSITY RECEIVES FUNDS FROM THE FEDERAL GOVERNMENT AND THE STATE OF NORTH CAROLINA ON BEHALF OF ITS STUDENTS WHO HAVE DEMONSTRATED FINANCIAL NEED. A LIST OF ANY FINANCIAL AID OR ASSISTANCE FROM STATE AND FEDERAL AGENCIES IS ON FILE AT THE INSTITUTION AND IS PUBLISHED IN THE UNIFORM GUIDANCE SINGLE AUDIT EACH YEAR.
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY	(CONTINUE FROM SCHEDULE E, PART 1, LINE 3) STATUS (COLLECTIVELY KNOWN AS "PROTECTED CATEGORIES") IN THE RECRUITMENT AND ADMISSION OF STUDENTS, THE RECRUITMENT AND EMPLOYMENT OF FACULTY AND STAFF OR THE OPERATION OF ANY OF ITS PROGRAMS."

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean	Program Services	STUDY ABROAD	$307,351
East Asia and the Pacific	Program Services	STUDY ABROAD	$873,005
Europe (Including Iceland and Greenland)	Program Services	STUDY ABROAD	$7,269,035
Middle East and North Africa	Program Services	STUDY ABROAD	$96,104
North America (Canada & Mexico only)	Program Services	STUDY ABROAD	$121,141
Russia and Neighboring States	Program Services	STUDY ABROAD	$108
South America	Program Services	STUDY ABROAD	$161,735
South Asia	Program Services	STUDY ABROAD	$88,969
Sub-Saharan Africa	Program Services	STUDY ABROAD	$209,944

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$9,127,392	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$9,127,392	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	NIGHT OF THE PHOENIX	Event1Nm
Gross Receipts Event1	$217,655	GrossReceiptsEvent1Amt
Charitable Contri Event1	$72,470	CharitableContriEvent1Amt
Gross Revenue Event1	$145,185	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$1,646	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$15,290	FoodAndBeverageEvent1Amt
Entertainment Event1	$10,525	EntertainmentEvent1Amt
Other Direct Expenses Event1	$6,103	OtherDirectExpensesEvent1Amt
Event2	GOLF TOURNAMENT	Event2Nm
Gross Receipts Event2	$5,675	GrossReceiptsEvent2Amt
Gross Revenue Event2	$5,675	GrossRevenueEvent2Amt
Food And Beverage Event2	$2,740	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$1,772	OtherDirectExpensesEvent2Amt
Gross Revenue Other Events	$0	GrossRevenueOtherEventsAmt
Gross Receipts Total	$223,330	GrossReceiptsTotalAmt
Charitable Contributions Tot	$72,470	CharitableContributionsTotAmt
Gross Revenue Total Events	$150,860	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$1,646	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$18,030	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$10,525	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$7,875	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$38,076	DirectExpenseSummaryEventsAmt
Net Income Summary	$112,784	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule G, Part II, Line 9(a) Night of the Phoenix -Other Direct Expenses	PRINT SERVICES $4,761 , PROMOTIONAL ITEMS $1,342
Schedule G, Part II, Line 9(b) Golf Tournament	Hats $989, Signage $91, Gift Cards $160 and Various Miscellaneous Expenses $531

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	FINANCIAL AID TO STUDENTS	GrantTypeTxt
Recipient	4347	RecipientCnt
Cash Grant	$54,403,368	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	SCHOLARSHIP FUNDS ARE MONITORED COLLABORATIVELY BY THE OFFICE OF THE REGISTRAR, OFFICE OF THE BURSAR, FINANCIAL PLANNING, AND THE ACCOUNTING OFFICE TO VERIFY ELIGIBILITY, APPROPRIATE SELECTION CRITERIA AND APPLICATION OF SCHOLARSHIP FUNDS. FUNDS ARE CREDITED DIRECTLY TO THE STUDENTS' ACCOUNTS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Dr Constance L Book
President	$434,226	$0	$0	$0	$28,961	$0	$22,000	$0	$16,235	$0	$501,422	$0	$0	$0
Gerald Whittington
Sr. VP -Bus, Fin & Tech.	$293,054	$0	$0	$0	$131,184	$0	$22,000	$0	$27,359	$0	$473,597	$0	$0	$0
Dr Steven House
Provost & Exec. Vice President	$291,259	$0	$0	$0	$49,740	$0	$22,000	$0	$13,503	$0	$376,502	$0	$0	$0
Robert J Shea
Vice Pres.-Bus, Fin & Tech.	$252,416	$0	$0	$0	$23,783	$0	$20,467	$0	$5,303	$0	$301,969	$0	$0	$0
David L (Dave) Blank
Director of Athletics	$265,510	$0	$0	$0	$33,287	$0	$22,000	$0	$35,282	$0	$356,079	$0	$0	$0
Jonathan C Dooley
Vice Pres of Student Life	$158,935	$0	$0	$0	$23,066	$0	$13,183	$0	$13,466	$0	$208,650	$0	$0	$0
James Piatt
Vice Pres - Uni. Advancement	$277,296	$0	$0	$0	$26,896	$0	$22,000	$0	$33,702	$0	$359,894	$0	$0	$0
Paul Parsons
Former Dean-Sch of Communications	$268,639	$0	$0	$0	$7,073	$0	$19,793	$0	$12,168	$0	$307,673	$0	$0	$0
Curtis J Cignetti
Football Coach	$294,164	$0	$5,000	$0	$52,010	$0	$22,000	$0	$36,836	$0	$410,010	$0	$0	$0
Raghuram Tadepalli
Dean-School of Bus.	$292,343	$0	$0	$0	$16,600	$0	$22,000	$0	$50,678	$0	$381,621	$0	$0	$0
Matthew M Matheny
Basketball Coach	$292,077	$0	$0	$0	$36,529	$0	$22,000	$0	$21,408	$0	$372,014	$0	$0	$0
Luke Bierman
Dean-School of Law	$281,061	$0	$0	$0	$10,257	$0	$22,000	$0	$51,904	$0	$365,222	$0	$0	$0
Dr Smith Jackson
Former - VP & Dean of Students	$159,076	$0	$0	$0	$46,600	$0	$13,915	$0	$21,217	$0	$240,808	$0	$0	$0
Dr Leo Lambert
President Emeritus	$364,254	$0	$0	$0	$228,389	$0	$22,000	$0	$27,459	$0	$642,102	$0	$0	$0
Dr Gerry Francis
Former Secretary	$1,787	$0	$0	$0	$133,488	$0	$143	$0	$0	$0	$135,418	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments	TAX INDEMNIFICATION AND GROSS-UP PAYMENTS INCLUDING SOCIAL CLUB DUES: THE UNIVERSITY GROSSES UP TWO BENEFITS FOR CERTAIN SENIOR STAFF: SOCIAL CLUB DUES AND CAR ALLOWANCES. SOCIAL CLUB MEMBERSHIPS ARE USED FOR ENTERTAINMENT/FUNDRAISING PURPOSES FOR THE DIRECT BENEFIT OF THE UNIVERSITY. PERSONAL USE OF THE SOCIAL CLUB AND CARS ARE INCLUDED IN THE TAXABLE INCOME OF THE EMPLOYEES.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use	HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE ONLY PERSON WHO RECEIVES HOUSING IS THE UNIVERSITY PRESIDENT. THE PRESIDENT'S CONTRACT STATES THAT AS A CONDITION OF EMPLOYMENT, AND AS A BENEFIT TO THE UNIVERSITY, THE PRESIDENT IS TO RESIDE IN UNIVERSITY PROVIDED HOUSING. IN ADDITION, THE CONTRACT STATES THE UNIVERSITY SHALL PAY ALL UTILITIES, REAL ESTATE TAXES, INSURANCE AND EXPENSE FOR MAINTENANCE AND UPKEEP FOR THE PRESIDENTIAL RESIDENCE.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees	SOCIAL CLUB MEMBERSHIPS ARE USED FOR ENTERTAINMENT/FUNDRAISING PURPOSES FOR THE DIRECT BENEFIT OF THE UNIVERSITY.
Schedule J, Part I, Line 1a Personal services	PERSONAL SERVICES: THE PRESIDENT'S CONTRACT STATES THAT AS A CONDITION OF EMPLOYMENT THE PRESIDENT WILL RESIDE IN UNIVERSITY PROVIDED HOUSING. IN ADDITION, EXPENSES FOR MAINTENANCE AND UPKEEP OF THE PRESIDENT'S RESIDENCE WILL BE PAID FOR BY THE UNIVERSITY.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
A	561592154	2012-07-18	$54,595,000	FINANCE COST OF IMPROVEMENTS	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
B	561592154	2014-09-30	$39,985,000	REFUNDED ISSUES 1997, 1998, 2000, 2001C AND 2006.	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
C	561592154	2014-09-30	$60,325,000	REFUNDED ISSUES 2010 AND 2011.	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
D	561592154	2016-08-24	$32,000,000	CONVOCATION CENTER	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Capitalized InterestCapitalizedInterestAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$54,830,317	$2,703,449	$235,373	$50,766,495	$1,125,000	2014	false	false	Yes (true)	Yes (true)
B		$39,985,000			$39,985,000		2008	Yes (true)	false	Yes (true)	Yes (true)
C		$60,325,000			$60,325,000		2013	Yes (true)	false	Yes (true)	Yes (true)
D		$32,120,830			$32,120,543	$291	2018	false	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	false	false	Yes (true)
B	false	false	false	false	false	false	Yes (true)
C	false	false	false	false	false	false	Yes (true)
D	false	false	false	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd
(no name)
A	false	Yes (true)	Yes (true)	false	false	false	Yes (true)
WELLS FARGO
B	false	Yes (true)	Yes (true)	Yes (true)	false	false	Yes (true)	25.0	false	false
WELLS FARGO
C	false	Yes (true)	Yes (true)	Yes (true)	false	false	Yes (true)	25.0	false	false
BANK OF AMERICA
D	false	Yes (true)	Yes (true)	Yes (true)	false	false	Yes (true)	6.0	false	false

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)
D	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part II, Line 3 COLUMN A	NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $235,317 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE.
Schedule K, Part II, Line 13 COLUMN C	NC Facilities Finance Agency Series-In September 2014 the university extinguished the outstanding debt related to revenue bond series 2010 and 2011 and arranged for debt refinancing through a direct purchase. Projects funded by the original bond issues were completed in 2013.
Schedule K, Part II, Line 13 Column B	NC Facilities Finance Agency Series-In September 2014 the university extinguished the outstanding debt related to revenue bond series 1997, 1998, 2000, 2001C, and 2006 and arranged for debt refinancing through a direct purchase. Projects funded by the original bond issues were completed in 2008.
Schedule K, Part II, Line 3 COLUMN D	NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $120,833 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE.
Schedule K, Part II, Line 3 COLUMN E	NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $ 190,154 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE.
Schedule K, Part II, Line 3 COLUMN F	NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $ 283,568 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE.
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 12/31/2016
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 09/30/2016
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 09/30/1916
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 08/23/2018
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 04/26/2019

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
A	561592154	2017-04-26	$24,320,000	FINANCE RESIDENCE HALLS, TENNIS BUILDING, AND PHOENIX ATHLETIC RECREATIONAL CENTER-SOUTH	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
B	561592154	2018-03-27	$20,000,000	CONSTRUCTION OF ELEMENTARY SCHOOL.	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Capitalized InterestCapitalizedInterestAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$24,510,154	$1,028,576	$162,192	$22,934,915	$0	2018	false	false	false	Yes (true)
B	$20,283,568	$664,778	$143,055	$14,762,193			false	false	false	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	0.0	false	false	Yes (true)
B	false	false	false	false	0.0	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Rebate Not Due YetRebateNotDueYetInd
A	false	Yes (true)	Yes (true)	false	false	false	Yes (true)
B	false		Yes (true)	false	false	false	Yes (true)	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
RENE JACKSON
FAMILY MEMBER OF FORMER KEY EMPLOYEE	$62,360	EMPLOYEE	false
STACEY DOOLEY
FAMILY MEMBER OF KEY EMPLOYEE	$63,433	EMPLOYEE	false

Schedule M IRS990ScheduleM

Art Historical Treasures ArtHistoricalTreasuresGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$139,995	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Intellectual Property IntellectualPropertyGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$35,928	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	39	ContributionCnt
Noncash Contributions Rpt F990	$4,924,234	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (6 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	LEASED VECHICLES	2	$37,680	Market value
Yes (X)	Gifts in Kind	5	$36,740	Market value
Yes (X)	VARIOUS	26	$52,974	Market value
Yes (X)	Concrete	1	$202,160	Market value
Yes (X)	AUDIO/VISUAL EQUIPMENT	1	$17,990	Market value
Yes (X)	CHIROPRACTIC SERVICES	1	$42,500	Market value

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part I Explanations of reporting method for number of contributions	FormAndLineReferenceDesc
Explanation	Securities - Publicly traded - Stocks Combination method of items received and number of contributions made. Other - LEASED VECHICLES NUMBER OF ITEMS RECEIVED. Other - Gifts in Kind NUMBER OF CONTRIBUTIONS. Other - VARIOUS NUMBER OF CONTRIBUTIONS. Other - Concrete Reporting number of items received. Art - Historical treasures - Gifts in Kind NUMBER OF ITEMS RECEIVED. Intellectual property - NUMBER OF ITEMS RECEIVED. Other - AUDIO/VISUAL EQUIPMENT NUMBER OF CONTRIBUTIONS RECEIVED. Other - CHIROPRACTIC SERVICES NUMBER OF CONTRIBUTIONS MADE	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 10,603,029 including grants of $)(Revenue $ 2,729,307) ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons	KERRII ANDERSON AND DAVID KING - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE BEFORE FILING. ALSO, A COPY IS PROVIDED TO THE BOARD THROUGH A PASSWORD PROTECTED WEBSITE.
Form 990, Part VI, Line 12c Conflict of interest policy	THE UNIVERSITY SENDS OUT AN ANNUAL CONFLICT OF INTEREST FORM TO ALL KEY EMPLOYEES AND MEMBERS OF THE BOARD. EACH YEAR THESE PERSONS ARE TO RE-READ THE CONFLICT OF INTEREST POLICY AND FILL OUT THE ATTACHED FORM WITH VARIOUS QUESTIONS. THE FORMS ARE MONITORED BY THE ASSISTANT TO THE BOARD OF TRUSTEES AND SENT TO THE AUDIT COMMITTEE CHAIR. IF AN ITEM COMES TO VOTE THAT PRESENTS A CONFLICT, THE BOARD MEMBER WILL NOT PARTICIPATE IN ANY DISCUSSION OR VOTING PERTAINING TO THE ITEM OF CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	THE ADMINISTRATIVE PERSONNEL COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF TRUSTEES, HIRES AN INDEPENDENT COMPENSATION CONSULTANT. THE CONSULTANT GATHERS COMPENSATION DATA FROM OTHER UNIVERSITIES, PUBLISHED SURVEYS, AND THE FORMS 990. THE COMMITTEE REVIEWS THE DATA AND FORMULATES A RECOMMENDATION FOR THE BOARD OF TRUSTEES FOR APPROVAL. THESE DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES. FOR ALL OTHER EMPLOYEES, THE HUMAN RESOURCES DEPARTMENT REVIEWS SALARY RANGES AND COMPARES THEM TO INDUSTRY STANDARDS ON A REGULAR BASIS.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	SEE DESCRIPTION FOR LINE 15A.
Form 990, Part VI, Line 19 Required documents available to the public	CERTAIN DOCUMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. SOME POLICIES ARE AVAILABLE ONLY UPON REQUEST.
Form 990, Part VII, Section A, Line 1a, Column (D) REPORTABLE COMPENSATION FROM THE ORGANIZATION	PAYMENTS TO THREE BOARD OF TRUSTEE MEMBERS , WERE ACKNOWLEDGMENT FOR PARTICIPATION ON THE PRESIDENTIAL SEARCH COMMITTEE.
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue	MISCELLANEOUS - Total Revenue: 2729307, Related or Exempt Function Revenue: 2729307, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	CHANGE IN VALUE-SPLIT INTEREST AGREEMENTS - -203257; ROUNDING - 1;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
TRI-STATE REAL PROPERTIES LLC
615 S DUPONT HIGHWAY	DOVER	DE	19901	260353244	REAL ESTATE	DE	$88,523	$50,476	ELON UNIVERSITY
THE INN AT ELON
100 CAMPUS DR	ELON	NC	27244	825422878	HOTEL AND RESTAURANT	NC	$0	$19,661,783	ELON UNIVERSITY